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Cloverdale BC Homes for Sale

Cloverdale BC is a rapidly growing area making Cloverdale an ideal and safe place for real estate investments. Cloverdale has been recognized as the second fastest area of growth in Greater Vancouver Regional District (GVRD) with promising forecasts of rising house prices over the coming years. Cloverdale MLS listings show that many homes for sale in Cloverdale BC are located on quiet inner streets where you may find children playing in the front yard or enjoying road ball hockey. Contact Sutton Real Estate agent Natasha Taylor of the Taylor Team at 1-778-316-4290 to find out more about condos, townhomes and detached homes for sale in Cloverdale, British Columbia.

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For sale
$14,800,000
7072 152 STREET, surrey, British Columbia

7072 152 Street

Surrey, British Columbia

GREAT Potential! An opportunity to own a huge 48 Acres Lot with well establised GREEN HOUSE OPERATION IN THE HEART OF SURREY. 4.2 acres of operating greenhouse with 9,330 SF warehouse and office space. Lovely 1900 SF, private, 3 bedroom Rancher. Greenhouse operation and residence built in 2000. Frontage 825' on 152 Street. Currently growing mini-cucumbers. Room for additional greenhouse expansion. Clean and well cared for operation with potential to expand greenhouse or change use. Ideal location for nursery or market garden! Municipal water plus private well used for greenhouse operation. Call for detailed information package. BY APPOINTMENT ONLY! DO NOT ENTER PROPERTY! (id:48205)

3 Bedroom 2 Bathroom 1900 sqft
For sale
$14,800,000
7072 152 STREET, surrey, British Columbia

7072 152 Street

Surrey, British Columbia

GREEN HOUSE OPERATION ON 48.34 ACRES IN THE HEART OF SURREY. 4.2 acres of operating greenhouse with 9,330 SF warehouse and office space. Lovely 1900 SF, private, 3 bedroom Rancher. Greenhouse operation and residence built in 2000. Frontage 825' on 152 Street. Currently growing minicucumbers. Room for additional greenhouse expansion. Clean and well cared for operation with potential to expand greenhouse or change use. Ideal location for nursery or market garden! Municipal water plus private well used for greenhouse operation. Call for detailed information package. BY APPOINTMENT ONLY! DO NOT ENTER PROPERTY! Realtor must be in attendance for all viewings. (id:48205)

For sale
$10,178,800
17911 FRASER HIGHWAY, surrey, British Columbia

17911 Fraser Highway

Surrey, British Columbia

Great location! on the corner of Fraser Hwy and 176 Street, with more than 1800' frontage on Fraser Hwy, excellent exposure! just along the future Surrey to Langley Sky train line, newly installed drainage system, new transformer, new well and newly paved gravel road inside the property for vehicle access, ready for your agricultural business or building your great estate mansion. (id:48205)

For sale
$8,375,000
15632 64 AVENUE, surrey, British Columbia

15632 64 Avenue

Surrey, British Columbia

67.02 ACRES LAND ONLY. Great location to build an Estate Home and build Agribusiness facility or Agritourism. Corner property with 2 road frontage- 1,124.03' on 64 Avenue with great exposure and high traffic and 1,576.31' on 156 Street great to place an Estate Home. Well drained farm with fertile soil suitable for various crops, fruits and vegetables. Walking distance to all shopping and amenities, and easy access to Highway #10, 17 and #1. (id:48205)

For sale
$7,350,000
15448 56 AVENUE, surrey, British Columbia

15448 56 Avenue

Surrey, British Columbia

42.2 ACRE BLUEBERRY FARM WITH 3 PRELOADS AND 2 TITLES. Great holding investment close to the corner of 152 street and Highway #10. There are 2 titles 5391 156 Street (13.4 Acres) and 15448 56 Ave (28.8 Acres), 2 road frontage (Highway #10 and Colebrook Road), 2-10,000 sq/ft preload pads for barns/buildings, 20,000 sq/ft preload pad for a 5,400 sq/ft home and a total of 29.5 Acres of full production blueberries with Elliot variety producing approx. 250,000 LBS. Walking distance to all shopping and amenities, and easy access to Highway #10, #17, and #1. (id:48205)

For sale
$6,990,000
17211 16 AVENUE, surrey, British Columbia

17211 16 Avenue

Surrey, British Columbia

Ranch-style home located on Grandview Heights, a 2.2 acre lot with a gentle. Features 3 bedrooms, 3 bathrooms. Quiet, private and peaceful makes it an ideal place to reside and a great investment. (id:48205)

3 Bedroom 3 Bathroom 2423 sqft
For sale
$4,395,000
4233 168 STREET, surrey, British Columbia

4233 168 Street

Surrey, British Columbia

24.34 ACRES BLUEBERRY FARM! Fantastic location to build your dream home w/ access to all utilities. Could build a 5,400 sqft two level home plus a 8,000 - 10,000 sqft Barn. The property is planted in three Blueberry varieties, 9 acres of Duke, 1 acre of Liberty & 15 acres of Reka. Centrally located to Morgan Creek w/ amazing valley & mountain views. Close to all amenities: schools, transit, and shopping. Easy access to Highway #10, #15 and the US Border. (id:48205)

For sale
$4,200,000
15590 56 AVENUE, surrey, British Columbia

15590 56 Avenue

Surrey, British Columbia

A unique opportunity to own farmland close to the city! This 14.66-acre vacant land boasts a 673 ft frontage along 56 Ave (Hwy 10) and a depth of 950 ft. Just a 5-minute drive to East Panorama Ridge/Sullivan Station/Cloverdale, 10 minutes to Morgan Creek in South Surrey, or a 15-minute drive to the US Border. Explore the possibility of building your dream home and/or cultivating your own farm. (id:48205)

For sale
$3,999,999
16390 48 AVENUE, surrey, British Columbia

16390 48 Avenue

Surrey, British Columbia

(APROX.) 10 ACRES BLUEBERRY FARM WITH A WELL-KEPT TWO-STOREY HOUSE. House has 4 beds & 2 baths for upstairs use, downstairs mortgage helper 2 bedroom basement suite. Whole house rented for $4000 on MTM basis. Double Garage, huge parking space for 10+ vehicles, fenced yard for security. Build your DREAM HOME on this beautiful piece of land as others have done on the same road. Easy access to major highways #15, #10 & 15 minutes away from the US border. Minutes from the city while providing a country-like setting. The property is located on a dead-end street with endless views of mountains and farmland. Past seasonal production has seen an average of 60,000-80,000 lbs of crop. Agricultural/produce warehouses have already been built on some properties on 48 Ave. Truck route. (id:48205)

6 Bedroom 3 Bathroom 3684 sqft
For sale
$3,950,000
7549 WILTSHIRE DRIVE, surrey, British Columbia

7549 Wiltshire Drive

Surrey, British Columbia

PLEASE NO DOOR KNOCKING - NO SOLICITATION. To be sold in conjunction with 14516 76 Avenue. One of the last development properties left in the East Newton area. These 2 properties have the potential for 9 lots, 2 RF & 7 RF-13 lots. Call Listing Realtor for more details! (id:48205)

4 Bedroom 3 Bathroom 2667 sqft
For sale
$3,950,000
14516 76 AVENUE, surrey, British Columbia

14516 76 Avenue

Surrey, British Columbia

PLEASE NO DOOR KNOCKING - NO SOLICITATION. To be sold in conjunction with 7549 Wiltshire Drive. One of the last development properties left in the East Newton area. These 2 properties have the potential for 9 lots, 2 RF & 7 RF-13 lots. Call Listing Realtor for more details! (id:48205)

5 Bedroom 3 Bathroom 2199 sqft
For sale Open House
$3,649,990
7228 149A STREET, surrey, British Columbia

7228 149a Street

Surrey, British Columbia

Luxury living awaits in the prestigious Chimney Heights! This magnificent home on a 1/2 Acre Lot boasts 10 bedrooms, 11 bathrooms, 6 Kitchents, 3 Basement suites and a potential for 1 more. You will have 5 Master Bedrooms - 1st on Main with a 5-Pc Ensuite & 2nd upstairs with Vaulted Ceilings, a 5-pc ensuite, Walk-In Closet & private balcony & 3 more Bedrooms with 3 pc Ensuites & Walk-In Closets. The Bar, Rec Room & Media Room in the basement can accomodate over 20 people perfect for parties. 200 sq. ft. Spice Kitchen, 3 Car Garage, Radiant Heat, Air Condition, Security System, Sprinkler system, Massive Deck, Huge Backyard, Smart Lighting, Central Music System and High Quality Craftsmanship makes this home a luxurious package. Call us or your Realtor for Private Showings. (id:48205)

10 Bedroom 11 Bathroom 8471 sqft
For sale
$3,498,800
6625 180 STREET, surrey, British Columbia

6625 180 Street

Surrey, British Columbia

Welcome to Cloverdale's hidden gem! Nestled in the heart of North Cloverdale West, within walking distance to all amenities including shopping, restaurants, transit, new skytrain station, and Cloverdale Fairgrounds. Stunning property offers unparalleled opportunity. Over 2.5 acres of prime real estate with potential. The centerpiece of this property is the gorgeous home with over 4200 sq ft of luxurious living space within a country setting with its elegant design and open concept layout. Unlock the potential of this property with the possibility to subdivide into lots and build up to 6 units per lot based on the recently approved zoning changes. Whether you are looking for a family home or an investment opportunity, this property offers the best of both worlds. Will not last. (id:48205)

6 Bedroom 5 Bathroom 4151 sqft
For sale Open House
$3,300,000
14633 56 AVENUE, surrey, British Columbia

14633 56 Avenue

Surrey, British Columbia

Exceptional Investment Opportunity! An exclusive offering of a .85 Acre (37,409 sf.) parcel in the highly sought-after South Newton NCP. Positioned alongside HWY 10 (56 Ave), this property boasts a North to South slope,overlooking Mud Bay and breathtaking sunsets. Presently zoned as RH, this site holds immense potential. The existing 3,633 sf. residence is impeccably maintained, featuring a tranquil, sun-drenched backyard and picturesque garden spaces. Seize the opportunity to acquire now; your development endeavors while leveraging the convenience of City Water and Sewer services. This property, offered for sale as a future development site, represents substantial value for investors and developers alike, scheduled appointment now. (id:48205)

5 Bedroom 3 Bathroom 3633 sqft
For sale
$3,300,000
6209 184TH STREET, surrey, British Columbia

6209 184th Street

Surrey, British Columbia

CALLING ALL HEALTH CARE PROFESSIONALS, introducing Clover Heights Retirement Home! The main floor is comprised of an 11 unit assisted living retirement home that also features a commercial kitchen, front reception area, both living & dining rooms, a lounge, office, pharmaceutical closet and so much more! Each bedroom is equipped with a private bathroom. The second level contains the 2-bed, 2-bath owner/operator living quarters, making the commute to work as short as can be! Finally, the outdoor space is calm and serene featuring sitting areas, a gazebo, plenty of visitor parking and walkways around the perimeter of the property. Questions? get in touch to receive the information package today! YOUR DREAM STARTS HERE! (id:48205)

For sale
$3,300,000
6209 184TH STREET, surrey, British Columbia

6209 184th Street

Surrey, British Columbia

CALLING ALL HEALTH CARE PROFESSIONALS, introducing Clover Heights Retirement Home! The main floor is comprised of an 11 unit assisted living retirement home that also features a commercial kitchen, front reception area, both living & dining rooms, a lounge, office, pharmaceutical closet and so much more! The second level contains the 2-bed, 2-bath owner/operator living quarters, making the commute to work as short as can be! Finally, the outdoor space is calm and serene featuring sitting areas, a gazebo, plenty of visitor parking and walkways around the perimeter of the property. Questions? get in touch to receive the information package today! YOUR DREAM STARTS HERE! (id:48205)

13 Bedroom 12 Bathroom 6615 sqft
For sale
$3,290,000
16472 BELL ROAD, surrey, British Columbia

16472 Bell Road

Surrey, British Columbia

Discover luxury living in this meticulously crafted 6000 sqft custom home nestled on a generous 14000 sqft, corner lot in West Cloverdale's most prestigious neighborhood. This 7 Bedroom & 7 Bathrooms home exudes elegance & comfort while offering panoramic views of the valley in the South. The kitchen features top-of-the line appliances along with a separate spice kitchen & a walk in pantry. The wrap around covered deck offers a fireplace & a perfect space for summer Bbq's or to unwind and enjoy the views year around. The basement is a perfect getaway from the daily hustle with a Wet bar, Pool Table, Theatre room, Gym & separate entrance for future suites. Walking distance to 2 Elementary schools, Daycare/Montessori, parks, transit & easy hwy access. This Gem is your ideal Dream Home! (id:48205)

6 Bedroom 7 Bathroom 5939 sqft
For sale
$3,199,500
5468 184 STREET, surrey, British Columbia

5468 184 Street

Surrey, British Columbia

Welcome to this spectacular 10-bedroom luxury home situated on 10,610 square feet of outstanding real estate. With about 6,756 square feet of living area, this property exudes luxury and sophistication at every turn. Exquisite design and high-quality finishes combine to produce a gorgeous property that embraces the security and convenience of today's dynamic family living. The grand foyer greets you to an open concept floor layout with lofty ceilings. The top floor contains four Spacious bedrooms all with ensuite baths, one bedroom with a full bath on the main level, one bedroom with a full bath on the lower level alongside a media room with a full bath. The basement contains 2+2 suites, which can provide significant mortgage help. More photos will be uploaded soon. (id:48205)

10 Bedroom 10 Bathroom 6756 sqft
For sale
$3,188,888
8549 145A STREET, surrey, British Columbia

8549 145a Street

Surrey, British Columbia

Stunning, One-Of-Kind, three-storey home. This massive 7,451 sqft home flaunts 9 bedrooms and 11 bathrooms with incredible finishes throughout. Beautiful staircase, marble fireplace, Hydrolic Elevator, brilliant kitchen with waterfall island & spice kitchen. The built-ins throughout the home add character and style, while the massive windows allow wonderful, natural light to flood the entire home. The bedrooms are incredibly large and spacious and all washrooms have been finished with only the highest quality finishes. This home also boasts an incredible theatre room with a stylish bar, gym room, office and an incredible sauna. This home features two fully finished basements, one is a one bedroom and the other is a two bedroom. Open house Sat & Sun on March 23 & 24 from 2pm to 4pm. (id:48205)

9 Bedroom 11 Bathroom 7451 sqft
For sale
$3,000,000
8418 152 STREET, surrey, British Columbia

8418 152 Street

Surrey, British Columbia

*Redevelopment* in Fleetwood's Stage 1 Plan. With a minimum 0.25 FAR, experience seamless transitions from low-rise to high-rise, while the core pulses with 0.3 FAR of active commercial life (INCREASED DENSITY POSSIBLE). Ground-level vitality thrives on primary streets, inviting community engagement. Townhouse residences at grade offer urban living redefined. Surrey's visionary proposal heralds a new era. From the bustling Fleetwood Core to the charm of Neighbourhood Commercial, every facet spells opportunity. Invest in the Plan Boundary Extension, where a non-conforming duplex beckons transformation. Developers and investors, embrace the chance to reshape Fleetwood's skyline. *SOLD SEPARATELY OR IN CONJUNCTION w/ 1) 8406 152 ST SURREY 2) 15245 84 AVE SURREY 3) 8418 152 ST SURREY.* (id:48205)

6 Bedroom 3 Bathroom 2990 sqft
For sale
$2,999,900
5781 146A STREET, surrey, British Columbia

5781 146a Street

Surrey, British Columbia

One of the most beautiful homes in Surrey is now on the market for the very first time. The current owners were involved in its construction back in 1977. With a tasteful layout and numerous updates (list available), this home offers 3537 sqft of living space on a spacious 20,037 sq ft lot (zoned RH) has possibility to SUBDIVIDE INTO 3 RF ZONED LOTS (buyer must verify this). into 3 RF zoning lots. Among its many features are 1800 sqft of wood ceilings, thermal windows, 5200 sqft of limestone walks. Backyard oasis boasts enchanting flower beds and gardens, offering a serene retreat where both adults and children can create cherished memories. Location of this home is right across from Goldstone Park and a new elementary school. Close to shopping, transit, and the highway, you won't find a better location with so many perks and opportunities this home has to offer. Once you lay eyes on this remarkable home, you'll find it impossible to forget. (id:48205)

3 Bedroom 3 Bathroom 3537 sqft
For sale
$2,999,800
5733 182 STREET, surrey, British Columbia

5733 182 Street

Surrey, British Columbia

Unparalleled QUALITY built CUSTOM home by Pro-Master, perched on Cloverdale's hilltop with stunning VIEWS. This 5 bed, 5 bath, home features 2 separate DBL garages with a captivating GRAND entry, large OPEN CHEFS kitchen w/huge windows, soaring VAULTED ceilings, exposed timber beams, oversized dining & living room, engineered hardwood floors, extensive MILLWORK FINISHINGS, cat 5 system & speakers throughout. Upstairs is a gorgeous primary suite w/freestanding tub, shower, large W/I closet, island dresser & patio w/incredible VIEWS + an additional bed & bath. Walk out basement features games room, wet bar, gym, 2 beds & baths & its own separate 2 car garage, perfect for extended family. Entertainers DREAM BACKYARD with SALT WATER pool, waterfall, cabana & covered back patio w/gas fireplace. (id:48205)

5 Bedroom 5 Bathroom 5271 sqft
For sale
$2,999,777
17784 60 AVENUE, surrey, British Columbia

17784 60 Avenue

Surrey, British Columbia

Excellent opportunity to own this Future Development property located across from Greenaway Outdoor Pool & Elements Casino. Cloverdale Town Center Plans call for Semi-Detached Residential (23 UPA). This Solid home has 5 Bedrooms 3 baths. Extra large double garage. Huge Sundeck perfect for summer family get togethers. one bedroom suite with its own laundry currently rented to very good tenant. Lots of parking at the back with lane access. Close to Lord Tweedsmuir Hight School, Marth Currie Elementary, George Greenaway Elementary, the Cloverdale Millennium Amphitheatre Park and is within walking distance to all the other amenities. (id:48205)

5 Bedroom 3 Bathroom 2112 sqft
For sale
$2,900,000
8406 152 STREET, surrey, British Columbia

8406 152 Street

Surrey, British Columbia

Discover the essence of redevelopment in Fleetwood's Stage 1 Plan. With a minimum 0.25 FAR, experience seamless transitions from low-rise to high-rise, while the core pulses with 0.3 FAR of active commercial life (INCREASED DENSITY POSSIBLE). Ground-level vitality thrives on primary streets, inviting community engagement. Townhouse residences at grade offer urban living redefined. Surrey's visionary proposal heralds a new era. From the bustling Fleetwood Core to the charm of Neighbourhood Commercial, every facet spells opportunity. Invest in the Plan Boundary Extension, where a non-conforming duplex beckons transformation. Developers and investors, embrace the chance to reshape Fleetwood's skyline. SOLD SEPARATELY OR IN CONJUNCTION w/ #R2859314 - 15245 84 AVE. (id:48205)

5 Bedroom 2 Bathroom 2004 sqft
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About The City of

Cloverdale

Cloverdale makes up a decent portion of Surrey but is very different from the typical feel and lifestyle of other parts of Surrey BC. Cloverdale real estate offers a safe place to live and raise a family. There are many great schools, great recreational centres, and plenty of annual events and activities to keep one entertained. Additionally, Cloverdale is home to the renowned Cloverdale Rodeo and Cloverdale Athletic Park. Then there’s also The Cloverdale Millennium Amphitheatre, which features special Canada Day celebrations, annual fairs and rides, Cancer Fundraisers (with live bands and concerts), plus many more festive events.

Cloverdale, BC is a quaint town within Surrey and just west of the City of Langley. This historic small town started off as a farming community in the late 1800’s due to its fertile land a temperate climate. Nowadays, Cloverdale is one of the most respected cities in Surrey with dozens of heritage buildings, a large film and television scene, and the famous Cloverdale Rodeo, which just so happens to be the fifth largest rodeo in Canada.

Neighborhoods in

Cloverdale

There are plenty of amazing neighborhoods in Cloverdale, each offering a slightly different lifestyle. Whether you’re looking for luxurious and modern neighborhoods, or a quiet rancher cul-de-sac, Cloverdale has it all.

Cloverdale has a lot of farmland but to accommodate the growth of the city, Cloverdale opened up some of the land reserves to welcome the construction of numerous new neighborhoods. Because of this, new homes for sale in Cloverdale, BC can be quite affordable when compared to other communities in the Fraser Valley.

map of clodverdale neighborhoods
  • North Cloverdale West
  • Lord Tweedsmuir
  • Churchland Park Area
  • Downtown Cloverdale
  • West Cloverdale South
  • Cloverdale Heights
  • Greenaway Park

  • Claude Harvie

  • West Cloverdale North
  • Bose Forest Area

  • AJ McLellan Park

  • Guy Richardson Park

Amenities in

Cloverdale

In recent years, the City of Surrey has been working closely with Cloverdale council to further develop the cities amenities. Many of the most respected athletic parks and Recreation Centre’s in Surrey are located in Cloverdale.

If you’ve ever visited Cloverdale before, then you must have noticed how they have plenty of parks, recreational facilities, libraries, and public spaces. Cloverdale is a tight-knit community with a very strong commitment to art, sports, and recreation.

  • Cloverdale Recreation Centre
  • Clayton Community Centre
  • Cloverdale Arena
  • Hazelgrove Park
  • Cloverdale Athletic Park
  • Museum of Surrey
  • Clayton Dog Off-leash Park

There are plenty of excellent schools in Cloverdale. Whether you’re planning to send your children to prestigious private schools, public elementary schools, or enroll them in after-school studies, there are dozens of options available.

For families thinking of making a move to Cloverdale, BC here is a list of all Elementary and Secondary Schools.

Cloverdale Elementary Schools:

  • A.J. McLellan – 16545 61 Avenue
  • Adams Road – 18228 68 Avenue
  • Clayton – 7541 – 184 Street
  • Cloverdale Traditional – 17857 – 56 Avenue
  • Don Christian – 6256 – 184 Street
  • East Clayton – 18680 – 72 Avenue
  • George Greenaway – 17285 – 61A Avenue
  • Latimer Road – 19233 – 60 Avenue
  • Martha Currie – 5811 – 184 Street
  • Sunrise Ridge – 18690 – 60 Avenue
  • Surrey Centre – 16670 Old McLellan Road
  • William Watson – 16450 – 80 Avenue

Cloverdale Secondary Schools:

  • Clayton Heights – 7003 188 Street
  • Lord Tweedsmuir – 6151 180 Street

Private Schools in Cloverdale:

  • Cloverdale Catholic – 17511 59 Avenue
  • Cloverdale Christian School – 5950 179 Street
  • Diamond Elementary and Secondary – 18620 56 Avenue
  • Relevant High School – 18620 56 Avenue
  • William of Orange Christian School – 17465 60 Avenue

Shopping and entertainment are two things Cloverdale locals take very seriously. With plenty of local entrepreneurs with shops in Downtown Cloverdale and large-scale rodeo events held at the 30,000 sqft Agriplex.

  • Cloverdale Rodeo & Country Fair
  • Elements Casino
  • Fraser Downs Racetrack
  • Northview Golf & Country Club

In recent years, Cloverdale has been working to improve its public transportation and walkability scores. While the downtown core is easily walkable, the rest of Cloverdale mostly requires a vehicle for efficient transportation.

  • Uber
  • Translink
  • Pacific Cabs Taxi Service
  • KPU Inter-Campus Shuttles

Economic Stats for

Cloverdale

Whenever you’re thinking about purchasing a property, it is worth understanding how the local economy is performing. By having a strong understanding of Cloverdale’s economic statistics you will then be able to determine whether the investment is right for you and your family.

Cloverdale’s population is growing at a faster rate than the rest of Surrey. Between 2011 and 2016, Clovderdale’s population grew by 21% compared to Surrey’s 11% growth.

As more and more Vancouver families relocate to the East of the Fraser River, Cloverdale is well-positioned for significant population growth over the next 5 to 10 years.

The last 2016 Census Data shows Cloverdale’s average household income at $103,000 per year. With all of the recent economic improvements in the town, it is reasonable to predict the average household income will continue to grow over the next decade.

Similar to many other communities within the Fraser Valley, Cloverdale has seen excellent appreciation in the last few years.

Cloverdale March 2021 Price Three Year % Change
Detached House $1,338,000 28%
Townhouse $696,1000 14%
Apartment/Condo $504,000 -0.5%

(From MLS® Home Price Index – Fraser Valley Real Estate Board March 2021.)

CLOVERDALE CONDOS

While the benchmark price for condos in Cloverdale is near $500,000 as of March 2021 there are still several condos for sale in the $400,000 range. Most new condos in Cloverdale are situated between 64 and 68 Avenue in close proximity to Willowbrook Shopping Center on the border of Cloverdale and Langley. Top choices for condos in Cloverdale include family-oriented Calera within walking distance of Clayton Heights, the highly sought-after Waterstone complex with state-of-the-art amenities, and resort-style living at Saint Andrews near Northview Golf Course.

CLOVERDALE TOWNHOMES

The real estate market in Cloverdale is primarily made up of single and multifamily detached homes with an ever-growing amount of row houses and townhomes being developed throughout the Clayton Real Estate section of Cloverdale. Homes for sale in Cloverdale are priced very reasonably compared to other Lower Mainland communities but are likely to see an increase in prices over the next few years. Starting prices for townhomes for sale in Cloverdale are approximately $650,000! This makes it easy to see why the townhome prices are likely to go up in the Cloverdale area as there are not a lot of places left in Surrey’s Real Estate market that start at such a low of a price point or are in as good of condition and age.

CLOVERDALE DETACHED HOMES

Detached homes for sale in Cloverdale start at approximately $1,00,000 – $1,800,000. You can’t go wrong buying a home in Cloverdale as a lot of detached homes for sale have suites to provide additional income. The amount of rent will vary depending on what part of Cloverdale you are in plus the size, age, and design of the secondary suite. Our Sutton Realty agents at The Taylor Team are top producing realtors in Cloverdale. We can help ensure you are making the right decision when buying a home in Cloverdale with a suite, and that you can maximize your rental income.

Residential Property Tax Rate for Surrey from 2018 to 2020
Year Muni. Rate Edu. Rate Total Rate
2020     0.189%     0.123%       0.346%
2019     0.176%     0.114%       0.319%
2018     0.181%     0.116%       0.326%

While Cloverdale has a wide variety of industries and businesses, there is a heavy emphasis on agricultural products and services.

It comes as no surprise that the Cloverdale Rodeo is such a national success considering how many of the locals are deeply engrained in the agricultural industry whether directly or indirectly.

Film and Television have a large presence in the community as well. With the likes of Andy Samberg, Danny DeVito, and Megan Fox all having shot several hit films in town.

Rental Potential in

Cloverdale

Are you a rental property investor searching for your next property? Or even a young family looking to offset the cost our your dream home with a mortgage help? Then you need to understand the common costs and rental rates in Cloverdale.

Before you take the first step in acquiring a real estate investment it is best that you understand the most common costs associated with acquiring and maintaining a rental property.

  • Property Transfer Tax – This is a provincial tax on the transfer of ownership between the seller and buyer. In general, it is 1% – 3% of the fair market value.
  • Lawyer Fees – These fees vary depending on the firm’s rates and whether you will be financing or paying cash for the property. That being said, in general, the cost is approximately $1,000 – $2,000.
  • Property Taxes – All real estate in BC is impacted by property taxes in one way of another. In Cloverdale, you can expect to pay around 0.334% of the BC assessment value each year.
  • Strata Fees – If you’re purchasing a property that has a strata corporation, then you can expect to pay a monthly fee to the strata. Most, if not all, apartments, townhomes, and condos have a monthly strata fee. This can range from $200 – $500+ per month.
  • Repairs & Maintenance – Most savvy investors budget 1 – 2 % of the fair market value of the property for repairs and maintenance.
  • Property Management – Who will manage the screening of tenants? What about collect the rents and abide by the BC Tenants Act? Property management companies can manage all of the day-to-day operations for anywhere from a 6 – 10% commission.

Much like the rest of Surrey, Cloverdale has experienced an increase in demand for rental properties.

In fact, CMHC’s reported that in 2017 vacancy rates were as low as 0.6% across Surrey. Considering there has been a shortage in housing in the last several years, we can only assume vacancy rates are similar to 2017 levels.

As reported by CMHC, Surrey’s average rental rates are in excess of $1,000 per month with the graph showing a healthy trend up-and-to-the-right.

As we all know, each neighbourhood and property type will be able to demand rental rates at different rates. So it’s best to speak with a local real estate agent who understands your property and the market demand.

Estimated Monthly Rents:

1 Bedroom – $1,150 – $1,400 per month

2 Bedroom – $1,700 – $1,900 per month

3 Bedroom – $2,200 – $3,400 per month